Myers Park Capital Management LLC

Item 5 - Fees and Compensation

General Fee Information
Fees paid to Myers Park Capital are exclusive of all custodial and transaction costs paid to the
client’s custodian, brokers or other third-party consultants. Please see Item 12 – Brokerage
Practices for additional information. Fees paid to Myers Park Capital are also separate and distinct
from the fees and expenses charged by mutual funds, ETFs (exchange traded funds) or other
investment pools to their shareholders (generally including a management fee and fund expenses,
as described in each fund’s prospectus or offering materials). The client should review all fees
charged by funds, brokers, Myers Park Capital and others to fully understand the total amount of
fees paid by the client for investment and financial-related services.

Portfolio Management Fees
The annual fee schedule, based on a percentage of assets under management, is as follows:

                       Asset Amount           Annual Fee
                       $0 to $5,000,000        1.00%
                       Over $5,000,000         0.75%

The minimum annual fee for any portfolio is $5,000. Myers Park Capital may, at its discretion, make
exceptions to the foregoing or negotiate special fee arrangements where Myers Park Capital deems
it appropriate under the circumstances.

Portfolio management fees are generally payable quarterly, in advance. If management begins after
the start of a quarter, fees will be prorated accordingly. With client authorization, unless other
arrangements are made fees are normally debited directly from client account(s).

Either Myers Park Capital or the client may terminate their Investment Advisory Agreement at any
time, subject to any written notice requirements in the agreement. In the event of termination, any
paid but unearned fees will be promptly refunded to the client based on the number of days that the
account was managed, and any fees due to Myers Park Capital from the client will be invoiced or
deducted from the client’s account prior to termination.

Item 7 - Types of Clients

Myers Park Capital serves individuals, high net worth individuals, pension and profit-sharing plans,
corporations, and charitable organizations. With some exceptions, the annual minimum fee charged
is $5,000. Under certain circumstances and in its sole discretion, Myers Park Capital may negotiate
such minimums.